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Innoviva

207 hedge funds and large institutions have $766M invested in Innoviva in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 63 increasing their positions, 75 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

332% more call options, than puts

Call options by funds: $8.8M | Put options by funds: $2.04M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

26% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 23

2% more funds holding

Funds holding: 203207 (+4)

2.13% less ownership

Funds ownership: 74.54%72.41% (-2.1%)

16% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 75

27% less capital invested

Capital invested by funds: $1.05B → $766M (-$287M)

Holders
207
Holders Change
+4
Holders Change %
+1.97%
% of All Funds
4.18%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
29
Increased
63
Reduced
75
Closed
23
Calls
$8.8M
Puts
$2.04M
Net Calls
+$6.76M
Net Calls Change
+$37.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
101
Neuberger Berman Group
New York
$591K
Envestnet Asset Management
102
Envestnet Asset Management
Illinois
$575K +$214K +16,819 +44%
Thrivent Financial for Lutherans
103
Thrivent Financial for Lutherans
Minnesota
$545K -$48.9K -3,847 -7%
State of Tennessee, Department of Treasury
104
State of Tennessee, Department of Treasury
Tennessee
$522K +$3.56K +280 +0.6%
COPPSERS
105
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$510K +$192K +15,118 +45%
GC
106
Guggenheim Capital
Illinois
$481K -$65.9K -5,185 -10%
AIA
107
Affinity Investment Advisors
California
$470K +$318 +25 +0.1%
Pacer Advisors
108
Pacer Advisors
Pennsylvania
$470K +$178K +13,998 +45%
TRCT
109
Tower Research Capital (TRC)
New York
$464K +$359K +28,215 +174%
AIG
110
American International Group
New York
$457K -$18.5K -1,459 -3%
JP Morgan Chase
111
JP Morgan Chase
New York
$447K -$1.15M -90,756 -68%
DekaBank Deutsche Girozentrale
112
DekaBank Deutsche Girozentrale
Germany
$436K +$549K +43,200 New
PP
113
Paloma Partners
Connecticut
$404K +$312K +24,553 +174%
AssetMark Inc
114
AssetMark Inc
California
$399K +$337K +26,477 +226%
Manulife (Manufacturers Life Insurance)
115
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$398K -$10.9K -859 -2%
MIM
116
MetLife Investment Management
New Jersey
$348K
Qube Research & Technologies (QRT)
117
Qube Research & Technologies (QRT)
United Kingdom
$346K +$421K +33,086 New
Truist Financial
118
Truist Financial
North Carolina
$341K -$4.41K -347 -1%
AC
119
Athanor Capital
New York
$338K
ACM
120
AlphaCrest Capital Management
New York
$334K +$184K +14,489 +83%
Two Sigma Investments
121
Two Sigma Investments
New York
$327K -$539K -42,428 -58%
ZIM
122
Zacks Investment Management
Illinois
$327K -$60.4K -4,756 -13%
QI
123
QS Investors
New York
$314K -$1.3M -102,034 -77%
BCM
124
Bridgeway Capital Management
Texas
$308K +$35.6K +2,800 +10%
LSERS
125
Louisiana State Employees Retirement System
Louisiana
$304K +$139K +10,930 +60%

INVA Hedge Fund Activity: Q3 2020 in Review

207 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Innoviva (INVA) for Q3 2020, worth a combined $766M — down 27% from $1.05B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new INVA positions and 23 closed out — a net gain of 6 holders — while 63 added to existing stakes and 75 trimmed.

The largest buyer was Invesco, adding an estimated $12.4M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $28.7M sold.

  • 207 institutional investors held Innoviva (INVA) as of Q3 2020, up from 203 in Q2 2020.
  • Funds reported $766M of Innoviva stock for Q3 2020, down 27% quarter-over-quarter.
  • 29 funds opened new Innoviva positions in Q3 2020 and 23 closed out, a net change of +6 holders.
  • The largest Innoviva buyer in Q3 2020 was Invesco, an estimated $12.4M added.
  • The largest Innoviva seller in Q3 2020 was First Eagle Investment Management, an estimated $28.7M sold.

Based on aggregated 13F filings for Q3 2020.